Oil Prices Surge to $90 Amid Iran-US Trade Attacks

The latest strikes from Iran and the United States have jolted energy markets, pushing oil prices to a one‑month high of $90.

Impact of the Attacks on Energy Markets

■The jump to $90 has doubled the futures trading volume for giants like BP and Shell.

■U.S. gasoline averages remain 37% higher since the conflict began.

■Supply disruptions from the Arabian Peninsula have forced a reevaluation of OPEC+ strategies.

Reflections in Contracts and Futures

■The U.S. Energy Information Administration (EIA) reports a 5% rise in spot oil demand.

■CME Group futures volume grew by $1.2 billion over the last week.

■Shell CEO Ben van Beurden noted that the developments will have long‑term implications for the supply chain.

Global Supply Chain Implications

■Air cargo operators anticipate raising freight rates by 3‑5% due to unexpected fuel cost spikes.

■Production lines at Airbus and Boeing face increased cost pressures from higher fuel prices.

■Logistics firms such as FedEx and UPS are expected to see modest rate hikes.

Industry analysts predict that these fluctuations will increase short‑term volatility, yet also drive greater resilience in supply chains, reshaping the long‑term strategic outlook for the sector.